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INDUSINDBKMARKET OUTLOOKSTOCK OUTLOOK

ndusind Bank ” Outlook for the Week (May 27, 2024 – May 31, 2024)

Indusind Bank
Indusind Bank
ndusind Bank ” closed the previous week on a negative note losing 4.08%.

Technically, ndusind Bank ” share price will see immediate support at 1,405.43 and immediate resistance would be seen at 1,464.58.

If ndusind Bank ” share price closes below immediate support of 1,405.43, then sharp breakdown can be seen. ndusind Bank ” share price will see major support at 1,369.07 for the week.

1580.001580.001560.001560.001540.001540.001520.001520.001500.001500.001480.001480.001460.001460.001440.001440.001420.001420.001400.001400.001380.001380.001360.001360.00Apr 10Apr 10Apr 16Apr 16Apr 22Apr 22Apr 25Apr 25Apr 30Apr 30May 6May 6May 9May 9May 14May 14May 17May 17May 22May 22Reversal Level 1408.01BuyBuySellSell

On the positive side, immediate resistance will be seen at 1,464.58. Closing above 1,464.58, ndusind Bank ” share price will see a sharp breakout. Major resistance for ndusind Bank ” share price will be seen at 1,487.37 for the week.

Trading range for ndusind Bank ” share price for this week should be between 1,346.28 on down side and 1,523.73 on up side.

ndusind Bank ” Previous Week High: 1451

ndusind Bank ” Previous Week Low: 1391.85

ndusind Bank ” Previous Week Range: 59.15 Points

ndusind Bank ” share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 1,523.73
Resistance 2 1,487.37
Resistance 1 1,464.58
Support 1 1,405.43
Support 2 1,369.07
Support 3 1,346.28
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